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NAPA Auto Parts Retail Building
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213 Union Avenue, Altoona, PA 16602

Single-tenant NAPA Auto Parts property on 1.06 acres with a corporately guaranteed lease and supplementary rear month-to-month income.

Property Size16,983 SF
Lot Size1.06 Acres
Price / SF$94.45
Days on Market61

Property Features for 213 Union Avenue

General Information

Standard status Active
Size 16,983 SF
Class B
Lot size 1.06 Acres
Property subtype Retail, Special Purpose
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $120,304

Additional Details

Highway Access Yes

Building Details

Year Built 2000
Buildings 1
Units 2
Tenancy Multi
Listing Agency: CBRE - Philadelphia Suburban
Listed By: Matthew Gorman · License #PA RS287470
Source: Crexi
Added: Jul 7 Changed: Aug 23 Last Checked: Sep 5 at 6:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Philadelphia Suburban

Investment Insights

Based on property information with market context.

This NAPA Auto Parts property is offered fee simple and includes a 9,100-square-foot retail building situated on 1.06 acres. The investment is supported by a corporately guaranteed lease from Genuine Parts Company (NYSE: GPC). The NN lease structure limits landlord responsibilities to roof and structure only.

NAPA Auto Parts has operated at the site for more than 25 years, with the current lease extending through June 30, 2031. A local artisan also leases the rear portion of the building on a month-to-month basis, supporting full occupancy.

The property is positioned just off Interstate 99 along E. Plank Road in Altoona, Pennsylvania, within a dominant retail corridor. Nearby economic anchors referenced in the offering include Sheetz (headquartered in Altoona), Penn State Altoona, and the James E. Van Zandt VA Medical Center.

Key Highlights

  • 9,100 SF NAPA Auto Parts property built in 2000 on 1.06 acres along E. Plank Road in Altoona, PA
  • Single‑tenant, corporately guaranteed lease backed by Genuine Parts Company (NYSE: GPC)
  • Investment‑grade tenant per S&P: BBB and NAPA has operated at this location for over 25 years

Property Analytics

Current Use

NAPA Auto Parts Auto Parts Store

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service Grocery & Convenience Store Home Appliance Store (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

957
Businesses Nearby
107k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 80% Shops & Services 15% Electronics 3% Apparel 2%
Olive Garden Dining
31,587 visits/mo 0.4 miles
Dunkin' Donuts Dining
19,430 visits/mo 0.3 miles
Dollar General Shops & Services
8,509 visits/mo 0.5 miles
Perkins Restaurant & Bakery Dining
8,274 visits/mo 0.4 miles
Red Lobster Dining
8,181 visits/mo 0.5 miles

Demographics for 16602, PA

27,996
Population
13,171
Households
2.1
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
14.7 sq mi
ZIP Area
1,904
Density / Sq Mi
$53,097
Median Household Income
$37,336
Median Earnings
$842
Median Rent
$120,200
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Single-tenant NAPA Auto Parts property on 1.06 acres with a corporately guaranteed lease and supplementary rear month-to-month income.
Where is this nnn property located?
The property is located at 213 Union Avenue Altoona, PA.
What is the asking price?
The asking price for this property is $1,604,053.
What are key features of this property?
This property features: 9,100 SF NAPA Auto Parts property built in 2000 on 1.06 acres along E. Plank Road in Altoona, PA; Single‑tenant, corporately guaranteed lease backed by Genuine Parts Company (NYSE: GPC); Investment‑grade tenant per S&P: BBB and NAPA has operated at this location for over 25 years
(484) 567-2340 Call to check price and availability
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